Historic mining area near Ontario/Quebec border garnering attention for cobalt resources
The land around the town of Cobalt, despite the name, was once one of the richest silver finds in the nation. Decades after that boom ceased, another one is on the horizon, this time for the town’s namesake.
As demand for electric vehicles grows across the world, one company is taking a second look at the cobalt resources that were once thrown away.
First Cobalt Corp. gave a Jan. 16 presentation in Sudbury on their latest findings and plans to drill on several properties they purchased near Cobalt, many of them historical silver mine sites, to determine the scope and quality of the cobalt resources. Continue Reading →